Harish Textile Engineers Limited has filed a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023.
The disclosure provides an update regarding Pre-Institution Mediation Proceedings from the Mediation Centre, CBD Belapur, Navi Mumbai. This follows previous intimations dated 22nd July, 2026 and 6th August, 2026.
Key Details:
- The Company received a communication dated 18th August, 2026 from the Advocate representing Vashi Integrated Solutions Limited
- The communication pertains to Pre-Institution Mediation No. 52 of 2026 before the District Legal Services Authority, CBD Belapur
- The mediation is being conducted under Section 12A of the Commercial Courts Act, 2015
- On the request of the Company, the Learned Mediator has rescheduled the next mediation date to 3rd September, 2026
- The Company has been requested to remain present before the Learned Mediator on 3rd September, 2026 at 12:00 PM
Financial Impact:
The Company explicitly states that "at this stage, there is no quantifiable financial impact" from these mediation proceedings.
Next Steps:
The Company shall participate in the mediation proceedings before the District Legal Services Authority, CBD Belapur on the rescheduled date and take appropriate legal steps in accordance with applicable law.